Michael Howell

CrossBorder Capital; global liquidity index, capital wars

Michael Howell is CEO of CrossBorder Capital, a London-based research firm specialising in global liquidity analysis. He spent years at Salomon Brothers before founding the firm, building a proprietary dataset spanning decades of cross-border capital flow data. He is the author of 'Capital Wars: The Rise of Global Liquidity', which argues that central bank balance sheet cycles, not interest rates, are the dominant force in modern markets.